Reso 2020-3100 - Laserfiche WebLink

Home Browse Search

EXHIBIT 3 Addendum 3-1 OOPT DEPARTMENT OF THE TREASURY WASHINGTON, D.C. 20220 OFFICE OF July 31, 2020 INSPECTOR GENERAL OIG-CA-20-025 MEMORANDUM FOR CORONAVIRUS RELIEF FUND RECIPIENTS FROM: Richard K. Delmar /s/ Deputy Inspector General SUBJECT: Coronavirus Relief Fund Reporting Requirements Update On July 2, 2020, my office issued memorandum OIG-CA-20-021, Coronavirus Relief Fund Recipient Reporting and Record Retention Requirements informing you of the Department of the Treasury (Treasury) Office of Inspector General's (OIG) monitoring and oversight responsibilities related to the Coronavirus Relief Fund, among other things. Specifically, Title VI of the Social Security Act, as amended by Title V of Division A of the Coronavirus Aid, Relief, and Economic Security Act (Public Law 1 16-136), provides that Treasury OIG is responsible for monitoring and oversight of the receipt, disbursement, and use of Coronavirus Relief Fund payments. Treasury OIG also has authority to recover funds in the event that it is determined a recipient of a Coronavirus Relief Fund payment failed to comply with requirements of subsection 601(d) of the Social Security Act, as amended, (42 U.S.C. 801(d)). Recipient reporting and record retention requirements are essential for the exercise of these responsibilities, including our conduct of audits and investigations. This memorandum augments and clarifies the prime recipient's quarterly reporting requirements contained in memorandum OIG-CA-20-021. We plan to use reported data to support our office's Coronavirus Relief Fund compliance monitoring and oversight efforts and for audit and investigative purposes. In addition, reported data will be provided to the Pandemic Response Accountability Committee (PRAC), which will report the data on its website in accordance with Section 15010 of the CARES Act.' P. L. 1 16-136 (March 27,2020), Section 15010, established the PRAC within the Council of Inspectors General on Integrity and Efficiency to promote transparency and conduct and support oversight of covered funds and the coronavirus response to (1) prevent and detect fraud, waste, abuse, and mismanagement; and (2) mitigate major risks that cut across program and agency boundaries. The PRAC's website will provide data on relevant operational, economic, financial, grant, subgrant, contract, and subcontract information in user-friendly visual presentations to enhance public awareness of the use of covered funds and the Coronavirus response. Page 1 of 6